A Study on the Management of Waste Assets in the Select Temples in Nagapattinam District, Tamil Nadu

The aim of the study is to measure the value of the existing waste assets and the returns drawn from the waste assets in temples located in Nagapattinam district. There are 100 big temples found in the district Nagapattinam and 25 per cent of the temple has been identified for this study. The study found that the income derived from cultivation is getting reduced drastically 98.60 per cent. While probing it is found that the fall of income is due to failure of tenants to contribute their agreed amount of cultivation to the temples. As a result, though the lands are used for cultivation, they have been treated as waste assets due to fall of income. Regarding the rental houses also similar is the case. The temple authorities are miserably failed in the collection of rents from the persons who occupy the buildings. As far as the shopping complexes are concerned, the condition is found worse when compared with other assets. In this case the temple authorities are unable to collect any amount of money from the tenants. The findings of the study was suggested that the action may be taken to recover all the lands which are held by the defaulters and the existing agricultural lands may be given on lease for a maximum period of 5 years only.